Ashu Kakkar
Ashu Kakkar
action advise caution current investing levels markets specific stock stop tight trading
The markets would consolidate and stock specific action would continue. I advise caution while investing at current levels and with trading tight stop losses.
activity bull buy corporate declines determined direction expect flows funds market mutual near specific stock structural term
Near term direction will be determined by flows from Mutual Funds and corporate results. I expect stock specific activity to continue. Use declines to buy this market as we are in a structural bull run.
book buy declines higher movement profits specific stock
Going forward, stock specific movement will continue. It is advisable to buy on declines and book profits at higher levels.
assembly dictate elections results
Going forward, quarterly results and assembly elections will dictate the direction.
below budget budgets bullish close direction key near term trend
In the near term Budget would be the key to the direction of the market. As long as the Nifty does not close below 3000 levels, the bullish trend technically is intact.